DKK Partners, a London based startup which specializes in emerging markets and foreign exchange liquidity, has announced that it has launched a Dubai operation to grow the business in the Middle East.
The news comes following what the company called 60% growth in 2022, surpassing £100 million in revenue, up from £63 million the previous year. We would note that the company seems to include pass-through activity in Revenue, such that DKK’s £63.9 million in “Revenue” came alongside £63.1 million in Cost of Sales, with Net Profit of £365,000. The company still files its financial statements under the Audit Exemption for Small Companies. As of January 31, 2022 DKK had £516,999 in Cash and Shareholders Equity of £355,199.
The office, based in the Dubai World Trade Centre, will act as a central hub for DKK in the region granting greater access to the Middle East, Africa and Asia trade corridors. The expansion will be led by senior associates within…